Optical Vision Limited in Bury St Edmunds, IP30 9UP

Description

Data updated on: 01-11-2023

The enterprise is widely known under the name of Optical Vision Limited. It was originally established 27 years ago and was registered under 03323205 as the reg. no. The office of this company is situated in Bury St Edmunds. You may visit it at Unit 3 Woolpit Business Park, Woolpit. This firm's Standard Industrial Classification Code is 46180 which means Agents specialized in the sale of other particular products. Optical Vision Ltd filed its latest accounts for the period up to 2022-12-31. Its most recent annual confirmation statement was submitted on 2023-02-23.

The trademark of Optical Vision is "ZENITH". It was applied for in April, 2016 and it registration ended successfully by IPO in July, 2016. The firm has the right to use this trademark untill April, 2026.

At the moment, the directors enumerated by this business are as follow: Andreas R. appointed 3 years ago, Sonam F. appointed in 1999 and Robert C. appointed in 1997 in February. In order to support the directors in their duties, the abovementioned business has been utilizing the skillset of Eileen P. as a secretary since 2022.

Trade marks

Trademark UK00003159550

Trademark UK00003159550

Trademark image:	-
Trademark name:	ZENITH
Status:	Registered
Filing date:	2016-04-14
Date of entry in register:	2016-07-15
Renewal date:	2026-04-14
Owner name:	OPTICAL VISION LIMITED
Owner address:	Unit 3, Woolpit Business Park, Windmill Avenue, Woolpit, BURY ST. EDMUNDS, United Kingdom, IP30 9UP

Financial data based on annual reports

Profit & Loss
Date of Accounts	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31
Currency

Balance Sheet
Cash Bank On Hand	3 236 115	3 068 118	6 431 769	4 394 739	6 231 575
Current Assets	7 154 940	6 943 980	8 705 754	10 432 375	11 183 054
Debtors	1 925 137	1 147 766	1 545 453	1 793 502	997 690
Other Debtors	949 680	586 182	1 102 463	154 186	70 175
Property Plant Equipment	20 827	11 681	8 939	6 011	2 881
Total Inventories	1 993 688	2 728 096	728 532	4 244 134

Other Financial Data
Audit Fees Expenses				7 500	13 500
Accrued Liabilities Deferred Income			829 210	822 958	781 656
Accumulated Depreciation Impairment Property Plant Equipment	131 325	142 597	149 733	151 781	154 455
Additions Other Than Through Business Combinations Property Plant Equipment				1 753	543
Administrative Expenses			1 534 347	1 713 883	1 705 989
Amounts Owed By Related Parties	176 821
Amounts Owed To Group Undertakings	2 239 704	2 308 217	2 566 694	2 654 374	2 790 299
Average Number Employees During Period	16	14	15	15	15
Cash Cash Equivalents Cash Flow Value		3 068 118	6 431 769	4 394 739	6 231 575
Corporation Tax Payable	124 309		281 019	216 770	373 144
Corporation Tax Recoverable		2 540
Cost Sales			8 032 695	8 568 100	7 069 993
Creditors	3 404 426	3 177 965	3 987 182	4 247 121	4 288 214
Current Tax For Period			333 559	432 547	349 070
Deferred Tax Asset Debtors	79 330	59 515	63 000	50 000	50 000
Deferred Tax Expense Credit Relating To Origination Reversal Timing Differences			-3 485	13 000
Depreciation Expense Property Plant Equipment			9 112	4 529
Depreciation Impairment Expense Property Plant Equipment			9 112	4 529	3 710
Distribution Costs			198 934	186 179	132 439
Dividends Paid			500 000	500 000	500 000
Dividends Paid Classified As Financing Activities			-500 000	-500 000	-500 000
Dividends Paid On Shares Interim			500 000	500 000	500 000
Double Taxation Relief				320 000	226 733
Finished Goods Goods For Resale			728 532	4 244 134	3 953 789
Foreign Exchange Differences Increase Decrease In Depreciation Impairment Property Plant Equipment				-2 021	813
Further Item Interest Expense Component Total Interest Expense				1 384	59
Further Item Tax Increase Decrease Component Adjusting Items			-1 105	-220	199
Future Minimum Lease Payments Under Non-cancellable Operating Leases	316 935	237 435	157 935	79 508	39 768
Gain Loss Due To Foreign Exchange Differences Recognised In Profit Or Loss			-27 831	-41 704	-61 685
Gain Loss In Cash Flows From Change In Creditors Trade Other Payables			-528 198	-324 188	115 281
Gain Loss In Cash Flows From Change In Debtors Trade Other Receivables			396 742	261 049	-795 812
Gain Loss In Cash Flows From Change In Inventories			-1 999 564	3 515 602	-290 345
Income Taxes Paid Refund Classified As Operating Activities			-50 000	-496 796	-465 959
Increase Decrease From Foreign Exchange Differences Property Plant Equipment				-2 173	850
Increase Decrease In Cash Cash Equivalents Before Foreign Exchange Differences Changes In Consolidation			-3 363 906	2 037 182	-1 836 873
Increase Decrease In Cash Cash Equivalents From Foreign Exchange Differences			-255	152	-37
Increase Decrease In Current Tax From Adjustment For Prior Periods					-11 520
Increase Decrease Through Other Changes Property Plant Equipment		-1 901	2 541
Increase From Depreciation Charge For Year Property Plant Equipment		15 357	9 112	4 529	3 710
Interest Paid Classified As Operating Activities			-47 119	-47 036	-46 282
Interest Paid To Group Undertakings			47 119	45 652	46 223
Interest Payable Similar Charges Finance Costs			47 119	47 036	46 282
Interest Received Classified As Investing Activities					-197
Net Cash Generated From Operations			-3 967 140	991 597	-2 849 460
Net Current Assets Liabilities	3 750 514	3 766 015	4 718 572	6 185 254	6 894 840
Net Finance Income Costs					197
Operating Profit Loss			1 827 008	2 456 337
Other Creditors	727 577	538 356	829 210
Other Disposals Decrease In Depreciation Impairment Property Plant Equipment		2 297	4 263	460	1 849
Other Disposals Property Plant Equipment		2 297	4 263	460	1 849
Other Increase Decrease In Depreciation Impairment Property Plant Equipment		-1 788	2 286
Other Interest Income					197
Other Interest Receivable Similar Income Finance Income					197
Other Taxation Social Security Payable	23 981	33 590	149 525	374 547	181 050
Pension Other Post-employment Benefit Costs Other Pension Costs			39 376	39 570	39 861
Prepayments Accrued Income			8 704	12 759	12 798
Profit Loss			1 449 815	1 963 754	1 206 456
Profit Loss On Ordinary Activities Before Tax			1 779 889	2 409 301	1 828 789
Property Plant Equipment Gross Cost	152 152	154 278	158 672	157 792	157 336
Purchase Property Plant Equipment			-6 115	-1 753	-543
Social Security Costs			157 060	148 681
Staff Costs Employee Benefits Expense			1 264 509	1 420 403	1 275 667
Tax Expense Credit Applicable Tax Rate			338 179	457 767	347 470
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss					1 401
Tax Increase Decrease From Effect Foreign Tax Rates					284 783
Tax Tax Credit On Profit Or Loss On Ordinary Activities			330 074	445 547	622 333
Total Additions Including From Business Combinations Property Plant Equipment		6 324	6 115
Total Assets Less Current Liabilities	3 771 341	3 777 696	4 727 511	6 191 265	6 897 721
Total Current Tax Expense Credit			333 559	432 547	622 333
Total Operating Lease Payments			119 259	133 922
Trade Creditors Trade Payables	288 855	297 802	160 734	178 472	162 065
Trade Debtors Trade Receivables	719 306	499 529	1 454 380	1 576 557	864 717
Turnover Revenue			11 592 984	12 924 499
Wages Salaries			1 068 073	1 232 152	1 105 548
Company Contributions To Defined Benefit Plans Directors			33 500	33 600	33 700
Director Remuneration			434 368	544 067	718 040
Director Remuneration Benefits Including Payments To Third Parties			467 868	577 667	751 740